Form 4: Fiserv Director Lance M. Fritz Reports Acquisition of Deferred Compensation Units

Director Lance M. Fritz reports acquisition of deferred compensation notional units under Fiserv's Non-Employee Director Deferred Compensation Plan.

Summary

• On September 30, 2024, Director Lance M. Fritz acquired 181 deferred compensation notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• These units represent deferred director fees, where cash payments are exchanged for notional units.
• The value of the deferred compensation is $32,500.
• The number of units was calculated based on Fiserv's closing stock price of $179.65 on September 30, 2024.
• Upon cessation of service, each unit will be settled for one share of Fiserv common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with the company's long-term performance.

Future Outlook

Upon cessation of the reporting person's service to the company, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.

Industry Context

This filing reflects a common practice of compensating directors with deferred compensation plans, aligning their interests with the long-term performance of the company.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director compensation with long-term company performance.

Key Dates